VOLUNTEER REPORT
There is a natural urge to
share experiences and to
leverage your experience with
like-minded people. There’s
no doubt that being able to
interact with potential
competitors in a neutral
environment is a huge benefi t
that societies and CFA
Institute are able to provide.
The party at the European
Parliament is followed by an
excellent dinner with some of
the European dignitaries. This
is much jollier than one might
have expected, though it does
“I consider the breadth of
mean I go to bed rather late.
experiences I’ve had and the
Theory and practice
The next morning I catch
wonderful relationships I’ve
the 7am train back to
London and due to the time
made through being a volunteer”
difference, I make it back
comfortably for a 9am
meeting. On Wednesday I fl oors, and Colinoors, and Colin’s talk is Global Investment Research ch depth of knodep wledge and
have a midday executive incrncredibly wedibly well delivered. The Challenge. JChallenge. John Rogers, the prproofessionalism. Each team has
committee conference call examples he uses and the xamples he uses and the CEO of CFCEO of CFA Institute, asked nstitute, asked its oits own analytical approach
with CFA Institute. The call evidence he brings together vidence he brings together me to be on the judging panel me to be on the judging panel and the evand ent is an interesting
includes details of the are easy to follofllw, and he dh at the starhft of the week in ki reminder of how varied such
pension arrangements for updates us on practical Brussels and although I have processes can be. I am asked to
CFA Institute staff, the thinking on behavioural a busy week, I’m too tempted deliver the judges’ comments,
agenda for the next board fi nance as well as giving us his to say no. which is fun, and I aim to
meeting and updates on a views on the subject. The event is a wonderful balance my positive opinions
litigation in India. I’ve always been interested occasion and I’m joined on the with constructive advice for the
On Wednesday evening I in the intersection between panel by: Jeffrey J Diermeier, students. Judging the
head to a talk by Colin academia and practitioners. CFA, former president and competition is inspiring,
McLean, FSIP, the CIO and In the 1970s I perceived CEO, CFA Institute; Todd intense and worthwhile.
managing director of SVM there to be a gulf between Parker Lowe, CFA, president, As I come away from the
Asset Management. Colin is academics and practitioners Parthenon; John Stannard, event I consider the breadth of
a board member and ex-chair which was unsatisfactory. In CFA, FSIP, managing director, experiences I’ve had and the
of CFA UK and his talk on other spheres there’s a Russell Investment Group; wonderful relationships I’ve
behavioural fi nance is co-operation between the Thomas B Welch, CFA, made through being a
entitled ‘Experts and two and there was something managing director, Wells volunteer. I had no idea when
Overconfi dence’. I had wrong with our industry Capital Management; and I started on a society
considered not going to the because that often wasn’t the Marika Vilen, global head of committee many years ago
event as I’m busy every case. CFA Institute and local equity research solutions, that I would get so much
evening this week, but as societies have played a vital Thomson Reuters. from volunteering. In a way it
soon as I arrive I’m so role in bridging that gap, and The teams are from is similar to investing in terms
pleased I made the effort. Colin’s talk is a live universities in Singapore, of a risk/return trade off. You
The event is at HSBC illustration of this. America, Ireland and Brazil, give your time and efforts
Private Bank, a most On Thursday evening I’m and the quality of their with no guarantee of a
extraordinary building with a in Canary Wharf, judging the presentations is fantastic. I’m positive outcome, but the
gilded ceiling and mosaic fi nal of the CFA Institute’s extremely impressed by their potential reward is huge.
WWW.CFAUK.ORG PROFESSIONAL INVESTOR 59
58-5958-59 volunteer.indd 59volunteer.indd 59 1/6/091/6/09 12:13:3912:13:39Professional Investor Summer 09.61 61 4/6/09 15:41:08Page 1 | Page 2 | Page 3 | Page 4 | Page 5 | Page 6 | Page 7 | Page 8 | Page 9 | Page 10 | Page 11 | Page 12 | Page 13 | Page 14 | Page 15 | Page 16 | Page 17 | Page 18 | Page 19 | Page 20 | Page 21 | Page 22 | Page 23 | Page 24 | Page 25 | Page 26 | Page 27 | Page 28 | Page 29 | Page 30 | Page 31 | Page 32 | Page 33 | Page 34 | Page 35 | Page 36 | Page 37 | Page 38 | Page 39 | Page 40 | Page 41 | Page 42 | Page 43 | Page 44 | Page 45 | Page 46 | Page 47 | Page 48 | Page 49 | Page 50 | Page 51 | Page 52 | Page 53 | Page 54 | Page 55 | Page 56 | Page 57 | Page 58 | Page 59 | Page 60 | Page 61 | Page 62 | Page 63 | Page 64 | Page 65 | Page 66 | Page 67 | Page 68 | Page 69 | Page 70 | Page 71 | Page 72 | Page 73 | Page 74 | Page 75 | Page 76